CoreWeave (NASDAQ:CRWV) Shares Up 1.3% Following Analyst Upgrade

CoreWeave Inc. (NASDAQ:CRWV) shot up 1.3% on Tuesday after Bank of America upgraded the stock from a neutral rating to a buy rating. Bank of America now has a $100.00 price target on the stock. CoreWeave traded as high as $84.50 and last traded at $83.02. 20,821,091 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 26,203,779 shares. The stock had previously closed at $81.96.

A number of other equities analysts have also commented on the company. Jefferies Financial Group lowered their price objective on CoreWeave from $155.00 to $120.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Truist Financial upped their target price on CoreWeave from $84.00 to $85.00 and gave the company a “hold” rating in a research report on Friday, February 27th. HC Wainwright reissued a “buy” rating and set a $180.00 target price on shares of CoreWeave in a report on Monday, March 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CoreWeave in a research note on Monday, December 29th. Finally, DA Davidson upped their price objective on shares of CoreWeave from $110.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $121.06.

Insiders Place Their Bets

In other news, insider Brannin Mcbee sold 22,915 shares of CoreWeave stock in a transaction on Monday, March 16th. The stock was sold at an average price of $84.44, for a total value of $1,934,942.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Brian M. Venturo sold 281,250 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $83.65, for a total value of $23,526,562.50. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 4,505,564 shares of company stock worth $383,462,893.

Key CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: Bank of America reinstated coverage on CoreWeave with a Buy rating and a $100 price target, giving analysts’ support to the stock and signaling ~20% upside from current levels. CoreWeave rises after BofA reinstates coverage with Buy rating
• Positive Sentiment: CoreWeave announced that Zonos selected the CoreWeave Cloud to power its AI-driven cross‑border commerce systems — a commercial win that supports revenue growth and real-world demand for its GPU cloud. CoreWeave Selected by Zonos to Power Cross-Border Commerce Solutions
• Positive Sentiment: Positive press pieces argue CoreWeave’s platform and partner ecosystem can counter AI scepticism and highlight its market opportunity in AI infrastructure. Here’s how CoreWeave and Nebius can prove the AI doubters wrong
• Neutral Sentiment: Recent commentary and screeners are revisiting CoreWeave’s valuation after a share‑price pullback, weighing rapid revenue growth against negative margins and a stretched balance sheet. CoreWeave (CRWV) Valuation Check After Recent Share Price Pullback
• Neutral Sentiment: Multiple short‑interest data feeds flagged large March increases, but reported figures show zero shares (likely a reporting anomaly). The headlines can fuel trading chatter even if the underlying data is unreliable.
• Neutral Sentiment: Broader industry scrutiny — including Michael Burry’s past critique about depreciation and accounting for AI infrastructure — keeps a spotlight on how AI infrastructure vendors recognize costs and margins. Was Michael Burry Right About AI Stocks for the Wrong Reason?
• Negative Sentiment: Insider selling: a disclosed insider sale of roughly $23.5M was reported, which can pressure sentiment and raise timing/valuation questions for investors. Insider Selling: CoreWeave (NASDAQ:CRWV) Insider Sells $23,526,562.50 in Stock
• Negative Sentiment: Investor letters and coverage note elevated financing concerns and margin pressure (Carillon/third‑party commentary), highlighting the risk that CoreWeave’s fast growth still leaves it reliant on external capital until profits improve. Elevated Financing Concerns Hurt CoreWeave (CRWV) in Q4

Institutional Investors Weigh In On CoreWeave

A number of hedge funds have recently made changes to their positions in CRWV. Vanguard Group Inc. increased its position in CoreWeave by 275.6% during the 4th quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after purchasing an additional 20,487,478 shares in the last quarter. Proficio Capital Partners LLC boosted its position in CoreWeave by 446,194.0% in the third quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock valued at $2,443,013,000 after buying an additional 17,847,760 shares in the last quarter. Deutsche Bank AG grew its stake in shares of CoreWeave by 22,624.0% during the fourth quarter. Deutsche Bank AG now owns 3,812,856 shares of the company’s stock worth $273,039,000 after buying an additional 3,796,077 shares during the last quarter. Altimeter Capital Management LP bought a new stake in shares of CoreWeave during the fourth quarter worth $230,099,000. Finally, Alyeska Investment Group L.P. increased its holdings in shares of CoreWeave by 300.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 4,000,000 shares of the company’s stock worth $286,440,000 after buying an additional 3,000,000 shares in the last quarter.

CoreWeave Stock Up 1.3%

The company has a market capitalization of $34.79 billion and a price-to-earnings ratio of -25.94. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.46 and a quick ratio of 0.46. The firm’s fifty day moving average price is $89.12 and its 200-day moving average price is $97.62.

CoreWeave (NASDAQ:CRWV) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.61) by ($0.28). The firm had revenue of $1.57 billion for the quarter. CoreWeave had a negative net margin of 22.75% and a negative return on equity of 33.82%. The business’s quarterly revenue was up 110.4% on a year-over-year basis.

CoreWeave Company Profile

CoreWeave is a U.S.-based provider of GPU-accelerated cloud infrastructure designed to support compute-intensive workloads such as artificial intelligence, machine learning, visual effects rendering and other high-performance computing applications. The company supplies access to large fleets of modern GPUs and complementary infrastructure that enable customers to train and deploy large models, run inference at scale, and process graphics-heavy workloads with low latency and high throughput.

CoreWeave’s product offering includes on-demand and dedicated GPU instances, bare-metal servers, private clusters and managed services tailored for enterprise and developer use.